Connecticut’s attorney general has begun an investigation of CVS Caremark Corp. over a disagreement about extending a consumer discount drug program offered by the company to the state’s Medicaid program.
With John Standley taking the reins as chief executive officer, Rite Aid Corp. has promoted Ken Martindale to chief operating officer. Martindale assumes the new post immediately, Rite Aid said Thursday.
In spite of a disappointing third quarter, Walgreen Co. chief executive officer Greg Wasson said the company remains on track with its core strategies — notably its Customer-Centric Retailing (CCR) store optimization initiative.
More than a dozen pharmacy banners are participating in the Ontario and Quebec launch of ZoomMed Inc.’s e-Pic Communication Network, which along with the company’s ZRx Prescriber application lets doctors send electronic prescriptions from smart wireless devices.
Cephalon Inc. has partnered with the American Pharmacists Association (APhA) and the American Chronic Pain Association (ACPA) to broaden the biopharmaceutical company’s "When Good Medicines Become Bad Drugs" program.
Unilever’s AXE men’s grooming brand is using mobile 2D barcode technology from JAGTAG to help drive a marketing campaign for the launch of its new AXE Twist products. According to Princeton, N.J.
DRJ Group Inc., the maker of Stopain all-natural topical analgesics, is continuing its support of the Arthritis Foundation by renewing its proceeds sponsorship.
Before the end of the day, Rite Aid Corp. will get a new chief executive officer: John Standley. Standley, 47, is set to become Rite Aid president and CEO after the company’s annual shareholder meeting Wednesday in Camp Hill, Pa. He will take the chief executive reins from Mary Sammons, 63,
Rite Aid Corp. saw sales dip in its fiscal 2011 first quarter but recorded a smaller year-over-year loss and topped Wall Street’s earnings forecast. The drug store chain on Wednesday said its net loss for the 13-week first quarter ended May 29 was $73.7 million, or 9 cents per diluted share,
Hallmark Cards has launched the Girlfriends collection, a line of greeting cards and gifts designed to help women connect in a fun, humorous and meaningful way.
Takeda Pharmaceuticals North America Inc. said ACTOplus met XR tablets, an extended-release version of the diabetes combination medication ACTOplus met (pioglitazone HCl and metformin HCl), are now available in U.S. pharmacies.
Specialty pharmaceutical makers Valeant and Biovail have agreed to merge, with the combined company to be called Valeant Pharmaceuticals International Inc.
The Generic Pharmaceutical Association (GPhA) has formed an interim executive team to lead the organization until it appoints a new chief executive officer to replace Kathleen Jaeger, who is due to step down from the post later this month.
Walmart and drug maker Eli Lilly & Co. are teaming up to provide what they call an "affordable insulin option" for people with diabetes.
Despite an uptick in sales, Walgreen Co. saw its fiscal 2010 third-quarter earnings drop due in part to special charges and the loss of a key tax benefit. The drug store chain said Tuesday that net earnings for the quarter ended May 31 totaled $463 million, or 47 cents per diluted share,
Kowa Pharmaceuticals America Inc. and Eli Lilly and Co. have rolled out cholesterol-lowering drug Livalo to retail pharmacies in the United States. The drug makers said Monday that Livalo (pitavastatin) is available in 1 mg, 2 mg and 4 mg tablets.
